Global calorimeters and thermal analysis equipment market is poised to exceed $539 million by 2012. Consumables, life sciences, drug discovery and automation of analytical tools are few lucrative areas that are expected to drive the industry's growth in the coming years.
San Jose, CA (PRWEB) November 10, 2008 -- Economic trends, mergers & acquisitions in the industry, issues related to safety and security and software enhancements are vital factors that directly influence growth in the marketplace. Increasing usage of electronics in recent times acts as a key catalyst for thermal analysis tools. Electronics designers are forced to address thermal issues, as power consumed by electronics is directly transformed into heat. As stated by the recent report published by Global Industry Analysts Inc, United States and Europe dominate the world market for calorimeter and thermal analytical equipment together capturing a 71% share as estimated in 2008. Fastest growth for calorimeters and thermal analysis equipment is likely to emanate from the Asia-Pacific region, which is expected to expand at a CAGR of 4.8% over the years 2011 through 2015.
Asia-Pacific market for calorimeters is expected to rise by about US $1.1 million over the period 2008 to 2012. Global market for Bomb Calorimeters, the largest product segment within Calorimeters is expected to reach US $55 million by 2012. Increased inclination towards biomass as a source of energy is expected to boost future prospects of bomb calorimeter market. Global market for thermal analytical equipment, the largest product group is expected to reach US $429 million by 2012. Polymer and pharmaceutical research fields form the largest end use segments for thermal equipments. In Europe, Germany and France together collar about 49.7% share of the total calorimeter and thermal analytical equipment market as estimated in 2008.
Leading global and regional players operating in the market include Calorimetry Sciences Corp., Mettler Toledo International, MicroCal LLC, Netzsch Instruments Inc, NETZSCH-Geratebau GmbH, PerkinElmer Inc., Setaram Instrumentation, Shimadzu Corp., Shimadzu Scientific Instruments, TA Instruments Inc, and Waters Corporation, among others.
The report titled "Calorimeters and Thermal Analysis Equipment: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the market by following segments: Calorimeters (Bomb Calorimeters, Reaction Calorimeters and Other Calorimeters) and Thermal Analysis Equipment. The study covers current and future projections over the period 2001-2015, while the historic analytics provide an overview of the industry's performance in the past (1991-2000). The report enumerates recent developments, product introductions/innovations, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific, Middle East and Latin America.
For more details of this research report, please visit http://www.strategyr.com/Calorimeters_and_Thermal_Analysis_Equipment_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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